Tariff

India-US Tariff Cut to 18%: 5 Key Unresolved Questions
03
Feb
By Theviralmail
Nation, , ,

India-US Tariff Cut to 18%: 5 Key Unresolved Questions

U.S. President Donald Trump and Indian Prime Minister Narendra Modi have revealed a significant drop in U.S. "reciprocal" tariffs on Indian goods, from 25% to 18%. This change eases pressures on Indian businesses after months of strained ties. A U.S. Embassy official confirmed the rollback of a 25% penalty tariff added last August. This tariff had spiked total duties to 50%, matching Brazil's rate as the world's highest. Trump shared the news via social media. He praised Modi's request and noted India's pledges. These include halting Russian oil purchases, eliminating tariffs and barriers, and procuring over $500 billion in U.S.…
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Trump’s Foreign Policy: Risks and Global Consequences
09
Jan
By Theviralmail
World,

Trump’s Foreign Policy: Risks and Global Consequences

Trump’s mix of aggressive tariffs, financial deregulation, and confrontational diplomacy is increasing global economic uncertainty and weakening long‑standing security alliances. The United States is at the center of the world’s financial and geopolitical system. As a result, this style of “Trumpism” magnifies risks far beyond U.S. borders. ​ Fragile Global Financial System Experts warn that Trump’s push to roll back banking rules and sideline independent regulators poses significant risks. It threatens safeguards built after the 2008 crisis. Weakening oversight in the world’s most interconnected financial system encourages a “race to the bottom.” This trend raises the odds of instability, crises,…
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GST Reforms vs US Tariffs: India Aims to Achieve Balance
04
Sep
By Theviralmail
Nation, ,

GST Reforms vs US Tariffs: India Aims to Achieve Balance

GST reforms aim to ease the impact on the Indian economy. This impact would result from 50% US tariffs on exports. Still, that's a delicate balance to strike. US Tariffs on any has forced finance ministry to bring forth India's biggest tax overhaul since 2017. That's set to shape the country's GDP growth, its inflation trajectory and fiscal deficit for years to come. In essence, GST reforms are a cushion to the blow. The Indian economy would take this blow due to Trump's tariff tirades over the purchase of Russian oil. SBI Chief Economist Soumya Kanti Ghosh told Reuters, “The consumption boost…
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No Power to Impose: U.S. Court Strikes Down Most Trump Tariffs
30
Aug
By Nikki
World, ,

No Power to Impose: U.S. Court Strikes Down Most Trump Tariffs

US Federal Supreme court ruled out an important ruling directing at Trump's decision to impose tariffs on countries.  It mentioned that all the powers used by Trump for sanctions were illegal under the Emergency laws. These laws do not explicitly mention the power to control tariffs under emergency laws. It might initiate a dispute within supreme court. The US court of appeals for the federal circuit in Washington, DC imparted the ruling. It covered two sets of tariffs. Trump's duties imposed in February against China, Mexico and Canada and Trump's “Reciprocal tariffs" imposed in April. It does not consider the…
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India Defies US Pressure: 50% Tariffs Trigger Govt’s Push on GST, Reforms, Export Diversification
27
Aug
By Nikki
Nation, , ,

India Defies US Pressure: 50% Tariffs Trigger Govt’s Push on GST, Reforms, Export Diversification

India from 27 August is having 25% additional tariffs imposition on Indian exports to US. Now India is amongst the countries which are facing highest tariffs from US. Also read: Trump’s Proposed Tariffs Shake Up India’s Trade Strategy India has kept Trade lines closed for the US in sensitive sectors to secure its national security. It has taken a firm line for securing oil trade supply with Russia to meet the nation's energy needs.  US had continuously warned India. They asked India to stop crude oil trade with Russia. They also wanted to provide access to US producers in the…
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Indian Army Highlights Western Hypocrisy
06
Aug
By Nikki
Defense, Nation, , ,

Indian Army Highlights Western Hypocrisy

There are tensions between New Delhi and Washington over Russian oil imports into India. On Tuesday, the Indian Army highlights western hypocrisy. They remembered how the United States once backed Pakistan during the 1971 war. The Social media post from Indian Army titled “This Day That Year - Build Up of War - 05 Aug 1971 #knowFacts,” was shared a day after India pushed back strongly. They pushed back against US tariffs threat over Indian products. There were also threats of penalties due to New Delhi's energy ties with Moscow. India highlighted the western hypocrisy calling the criticism from the US…
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Oil, Allies and Accusations: US Hypocrisy Over Indian Imports of Russian Oil
05
Aug
By Nikki
World,

Oil, Allies and Accusations: US Hypocrisy Over Indian Imports of Russian Oil

Former US ambassador to India Eric Garcetti is on record. He said that the US had encouraged India to buy Russian oil under a price cap. They even encouraged purchases beyond the cap in order to stabilize global oil prices. US had deliberately taken this action in order to keep global prices in check. The US is exerting pressure on India and a diplomatic whirlwind is occurring. The US alleges that India is indirectly sparking off the Ukrainian conflict. This is due to continuous oil purchases from Russia. A recorded video of Eric Garcetti, a former US Ambassador to India,…
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Trump Indicates a Good Deal with India
02
Jul
By radhasindhu890
World, ,

Trump Indicates a Good Deal with India

On July 1st, US President Donald Trump reiterated that the US-India trade deal is under negotiation. It will be announced soon and will have “much fewer tariffs”. “I think we are going to have a deal with India. And that is going to be a different kind of a deal. It is going to be a deal where we are able to go in and compete. Right now, India does not accept anybody in. I think India is going to make that change. If they do, we will have a deal with much less tariffs,” Donald Trump said. Also read:…
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Indian Airlines May Benefit from China’s Boeing Boycott
16
Apr
By Theviralmail
World, , , ,

Indian Airlines May Benefit from China’s Boeing Boycott

NEW DELHI: There is a global aircraft supply crunch. Indian airlines might find an unexpected opportunity. The escalating trade tensions between the United States and China could be beneficial. After US President Donald Trump imposed 145% tariffs, China reportedly advised its airlines to halt further Boeing aircraft purchases. This action potentially opens a window for Indian carriers struggling with fleet expansion. Boeing Deliveries to China in Limbo Chinese airlines were expecting the delivery of nearly 100 Boeing 737 MAX aircraft. This model is also part of the fleet expansion plans for India’s Akasa Air and Air India Express. Additionally, 11…
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Apple Boosts iPhone Production in India Amid China Shift
13
Apr
By Theviralmail
Nation, , , ,

Apple Boosts iPhone Production in India Amid China Shift

$22 Billion Worth of iPhones Assembled in India in One Year Apple Inc. significantly increased its iPhone production in India. It assembled devices worth approximately $22 billion during the 12-month period ending March 2025. This marks nearly a 60% increase from the previous year. It highlights Apple’s expanding footprint in the South Asian nation. The growth occurs amid ongoing efforts to diversify beyond China. India Now Accounts for 20% of iPhone Output According to sources familiar with the matter, Apple now manufactures one out of every five iPhones in India. The production volume accounts for around 20% of the company's…
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